上证指数波动率纳入KPI，临近双节长假上红低波（020456）配置机会受关注

Core Insights - The market is currently in a consolidation phase as the double holiday approaches, with dividend assets becoming a focal point for capital [1] - The Ping An SSE Dividend Low Volatility Index A has shown significant inflows and performance metrics, indicating strong investor interest [2][3] Market Performance - As of September 23, 2025, the SSE Low Volatility Index (H50040) increased by 0.90%, with notable gains from stocks such as Nanjing Bank (up 4.11%) and Agricultural Bank (up 2.93%) [1] - Over the past 66 trading days, the SSE Low Volatility Index has seen net inflows on 37 days, totaling 20.397 billion yuan, averaging 309 million yuan per day [1] Fund Performance - The Ping An SSE Dividend Low Volatility Index A (020456) has a one-year cumulative increase of 17.64%, ranking in the top half of comparable funds [1][2] - The fund's maximum drawdown this year is 6.32%, which is the smallest among comparable funds [2] Fund Characteristics - The Ping An SSE Dividend Low Volatility Index A was established on April 23, 2024, with a management fee of 0.50% and a custody fee of 0.10% [3] - The fund closely tracks the SSE Low Volatility Index, which selects 50 securities based on liquidity, dividend payment history, and low volatility [3] Top Holdings - As of June 30, 2025, the top ten holdings of the Ping An SSE Dividend Low Volatility Index A include COSCO Shipping Holdings and Chengdu Bank, with the top ten stocks accounting for 17.41% of the total portfolio [3][5]